Ad

rice export

Basmati producing farmers are facing losses due to this step of the government.
Crops Food Crops

Basmati producing farmers are facing losses due to this step of the government.

India is the largest exporter of Basmati rice in the world. It exports about 80 percent of its produce. India has exported approximately 4.6 million tonnes of Basmati rice in the year 2022-23. The arrival of Basmati rice has started in the markets of Uttar Pradesh, Haryana and Punjab. But, this time farmers are getting lower price of Basmati rice as compared to last year. Farmers say that they are incurring huge losses in the sale of Basmati rice this year. If farmers are to be believed, this time they are getting Rs 400 to Rs 500 less per quintal. Also, farmers allege that due to the central government setting the minimum export price of Basmati rice at Rupees 1,200 per tonne, they are suffering huge losses.

India is the largest basmati exporter in the world

India is the world's largest exporter of Basmati rice. It exports 80 percent of its production of basmati rice. In such a situation, its price keeps rising and falling due to exports. If the minimum export price of Basmati rice exceeds $ 850 per tonne, then in such a situation traders will suffer huge losses. Farmers will also have to suffer huge losses due to this. Because traders will buy Basmati rice from farmers at lower prices. Meanwhile, there is news that the prices of new crop 1509 variety of Basmati rice have fallen significantly. Last week, a decrease of Rs 400 per quintal was recorded in its price.

Also read: 20% fees on export of non-basmati crops

Farmers are facing losses

Farmers Welfare Club President Vijay Kapoor has said that millers and exporters are not giving the right price to the farmers. He is putting a lot of pressure on the farmers to buy Basmati at a lower price. According to him, if the government withdraws the minimum export price after October 15, then farmers will get very good profits. He has said that traders of Punjab are purchasing 1509 Basmati rice from Haryana at lower prices. Due to this, farmers are facing huge losses.

Farmers will suffer a loss of Rs 1,000 crore

Basmati rice is cultivated in a total area of ​​1.7 million hectares in Haryana. Of this, about 40 percent share is of 1509 variety. According to Vijay Setia, former president of All India Rice Exporters Association, if Basmati prices continue to rise like this, farmers will suffer a total loss of Rs 1,000 crore.
22-Sep-2023
Many countries raised questions regarding the ban on the export of rice from India.
News Farmer News

Many countries raised questions regarding the ban on the export of rice from India.

India is a country that exports rice on a large scale. Many countries including Canada and America had raised questions regarding the decision to curb exports. India has said to the World Trade Organization (WTO) that the ban on the export of rice should not be considered as a ban. It's just a regulation. This was an important step to ensure the food security of India's 1.4 billion people. India on July 20 banned exports of non-Basmati white rice amid the Ukraine-Russia crisis, in a move to boost domestic supplies and control retail prices. Many countries including Canada and America had raised questions on this decision of India.


The Indian government took the decision keeping food security in mind


During the World Trade Organization committee meeting held in Geneva, India said that this decision has been taken keeping food security in mind. India has said that keeping in view the global circumstances, no advance information was given to WTO regarding this decision to ban the majors from manipulating the market conditions. There was a possibility that if the information related to this was given earlier, then big suppliers could have manipulated it by storing it. These measures are temporary and are regularly reviewed based on domestic demand and supply conditions. 


Also read: Stir in America Due to Ban on Export of Non-Basmati Rice by the Central Government


India's approval for exports to needy countries


It has also been said from the Indian side that despite the ban, India has already permitted exports to needy countries. Non-Basmati rice has been exported through NCEL to Bhutan (79,000 tonnes), UAE (75,000 tonnes), Mauritius (14,000 tonnes) and Singapore (50,000 tonnes).


These countries raised questions regarding the ban on rice export by India


For your information, let us tell you that India is the largest rice exporter in the world with more than 40 percent of global exports. Brazil, the European Union, New Zealand, Switzerland, Thailand, Britain, America, Canada, Japan, and Australia had raised many questions regarding the decision to ban India's exports. It was said on behalf of these countries that this has an impact on countries that are heavily dependent on imports of agricultural commodities.
01-Oct-2023